Advantages and disadvantages of statistical methods, Management Theories

Advantages of Statistical Methods:

a.Involve relatively large number of observations.
b.Analysis is more objective.
c. Averages and percentages are calculated.
d.Permits the researcher to make more accurate generalizations.
e. Reliability of the generalizations can be measured.

Disadvantages of the Statistical Methods

a.Inability to prove cause and effect relationship.

b.With increase in the number of factors the analysis becomes more and complicated.

Posted Date: 2/12/2013 4:17:15 AM | Location : United States







Related Discussions:- Advantages and disadvantages of statistical methods, Assignment Help, Ask Question on Advantages and disadvantages of statistical methods, Get Answer, Expert's Help, Advantages and disadvantages of statistical methods Discussions

Write discussion on Advantages and disadvantages of statistical methods
Your posts are moderated
Related Questions
discuss in general the overall role of human capital management

#questionYou are a newly appointed HR consultant who has been commissioned by the company to research and write a business report for the Executive Management Team. The topic is th

The customer should known what expect. This can only come about through communication. Even if there is a defect in service or if there is a limitation on the part of the service p

CIRCULATION WORK Circulation work is the primary task of most modem service libraries. A collection of documents, thoughtfully and painstakingly built up as a library, is mea

explain the link between strategic management & leadership.

What is the role of management in career development of employees?

Exploratory Research: Exploratory research studies are also termed as for mutative research. The main purpose of such studies is that of formulating a problem for more precise i

OUTLINE THE CONTRIBUTION OF OPERATIONS METHODS LIKE QUALITY, PRODUCTIVITY, TECHNOLOGY, SUPPLY CHAIN, DELIVERY, JUST IN TIME, FLEXIBILITY, OUTSOURCING, CO-OPERATION , FACILITY LOCAT


Short Term Financing & Working Capital: Short-term financial decisions generally involve short-lived assets and liabilities, and usually they are easily reversed. Short term or